40, RIVER MEAD, BRAINTREE, CM7 9AX - £340,000

40 RIVER MEAD is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £340,000 in September 2014, which was around 6% below the average September 2014 detached price in the Braintree local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

40 RIVER MEAD Sold Prices

Land registry data shows three sales for 40 RIVER MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the three 40 RIVER MEAD sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 5 SEP	£340,000	£362,599	6% below HPI
2001 28 SEP	£177,000	£175,879	1% above HPI
1998 27 FEB	£159,500	£105,902	51% above HPI

40 RIVER MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 40 RIVER MEAD sales between February 1998 and September 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40 RIVER MEAD?

40 RIVER MEAD is 120m² according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 40 RIVER MEAD lies on this distribution: 62% of detached houses are smaller than 40 RIVER MEAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Braintree.

40 RIVER MEAD: Plot and Title Map

40 RIVER MEAD sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 40 RIVER MEAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 RIVER MEAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 RIVER MEAD?

40 RIVER MEAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 40 on RIVER MEAD.